Market Updates
What crashed Bitcoin? Three theories behind BTC's trip below $60K
•1 min read
Bitcoin's recent decline below $60,000 has been largely attributed to leveraged bets by Hong Kong hedge funds, which are believed to have triggered a significant sell-off over the past month. Analysts are exploring three primary theories to explain the cryptocurrency's sharp downturn, focusing on the impact of these institutional strategies on market dynamics.
Read the full story at CoinTelegraph →
Source: CoinTelegraph · Report an issue
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